Sri Lanka stock market closed on Monday over curfew, banks to run

Sunday March 29, 2020 19:55:42

ECONOMYNEXT – Sri Lanka’s stock market would be closed on Monday over a holiday, the Colombo Stock Exchange said, while bond markets and banks are open.

“In view of the extension of the curfew by the Government, the Colombo Stock Exchange (CSE) has decided that the CSE will remain closed for Trading on Monday, 30thMarch 2020,” the Colombo Stock exchange said.

Sri Lanka’s banks would be open on Monday though customers are not expected to come.
Sri Lanka’s bond and forex markets also operated Friday.

The rupee has fallen to around 191 to the US dollar in the wake of large liquidity injections, down from around 182 to the US dollar before injections began, triggering a new phase of monetary instability, despite weak private credit. (Colombo/Mar29/2020)